Analysis and Data
NSE market capitalisation hits N21b
The All-Share Index rose by 59.28 points to close at 32,540.17 compared with 32,480.89 posted on Thursday.
NSE Trading maintains bearish trend
Nigerian Breweries led the losers’ table with a loss of N4.5 to close at N88 per share.
MTN’s $8.1bn refund order could jeopardise listing on NSE – Experts
MTN is yet to be listed on the Nigerian Stock Exchange.
OkomuOil leads capital market gain as indices appreciate by 0.27%
The market capitalisation rose by N35 billion to close at N12.573 trillion against N12.718 trillion on Monday.
ANALYSIS: Petroleum Industry Bill: Lessons Nigeria can learn from Ghana
Ghana, a relatively newer producer of oil on the continent, has shown some level of seriousness with governance of its oil industry.
UBA Appoints Four New Board Members
The appointments bring the number of women on the bank’s board to four.
NSE indices grow further by 0.63%, amid Dangote Cement gain
The All-Share Index rose by 220.05 points to close at 35,426.21 compared to 35,206.16 posted on Thursday.
Naira gains 40k against dollar at parallel market
The Nigerian currency is exchanging at N359.6 stronger than N360 traded on Thursday.
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Active mobile lines in Nigeria hit 162.3 million
The Code Division Multiple Access (CDMA) for active mobile lines had 217,566 users in June, same as in May.
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ANALYSIS: Nigerian bourse, investors’ confidence and the troubles of minority shareholders
Analysts suggest ways to protect minority shareholders.
Naira weakens marginally against dollar at parallel market
The Nigerian currency exchanged at N358.3, weaker than N358 traded on Friday.
Naira sells at N358.5 to dollar at parallel market
At the Bureau De Change (BDC) window, the Naira closed at N360 to the dollar.
Analysis: Nigeria and reluctance to join African trade agreement
African Continental Free Trade Agreement (AfCFTA) wants to create a single market for goods and services in the continent
NSE records 319.63 million shares worth N3.07 billion in bearish trading
The transactions are lower compared to 503.12 million shares valued at N5.89 billion achieved on Thursday.
CBN injects $210m into Forex market
Meanwhile, the Naira continueS its stability in the foreign exchange market.
Average petrol price decreased across Nigeria in May – NBS
Average price of kerosene and diesel, however, increased.
Oil rises on expected stockpile drop
Brent crude was at $75.59 a barrel on Tuesday.
Era of multiple taxes on property over in Enugu — Governor Ugwuanyi
The governor says he is committed to making the state the most investor-friendly in the country.
Nestle, Dangote Cement drag market capitalisation by N125 billion
The capitalisation closed at N14.734 trillion against N14.859 trillion on Friday.
Average prices of petrol, diesel fell in April 2018 – NBS
Kebbi State had the highest average price per litre of petrol in April 2018.
Oil price rises
United States oil prices rose above $70 a barrel for the first time since November 2014.
NSE market capitalisation rebounds by N40 billion
Nestle recorded the highest price gain to lead the gainers’ table with N4.90 per share to close at N1,595 per share.
Economists, activists review impact of non-passage of 2018 budget
Folasade Folarin with the News Agency of Nigeria
Fidelity Bank declares N18.9 billion profit
The bank has over 3.8 million customers who are serviced across its 240 business offices and various other digital banking channels
Half of Nigeria’s 36 states insolvent – Report
Lagos State generated more than 30 states combined.